Includes index.

Contents: 1. An introduction to accounting: accounting information: users and uses -- Financial statements: an overview -- 2. Accounting for external users: business activities: The mechanics of accounting -- Operating activities-inflows -- Operating activities-expenditures -- Financing activities -- Investing activities -- Statement of cash flows -- 3. Accounting for internal users: business decisions: Introduction to management accounting -- Cost systems -- Analyzing cost-volume-profit relationships -- Standards and performance variances -- Operating budgets -- Nonroutine decisions and relevant information -- Strategic and capital investment decisions --